In theory, money that had to be loaned to a monarch, on the monarch's instruction. However, forced loans were often seen as an extra-parliamentary form of taxation.
Forced loans
Fact of the Day
The monks of Abingdon drank so much beer that they were limited to 20 pints a day each.
Quote of the Day
"A revolution is a struggle to the death between the past and the future.
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~ Fidel Castro
On This Day
1913 Suffragette Emily Davison stepped in front of king's horse at Epsom, but didn't expect to be killed - she'd bought a ticket home.
1940 The final day of the Dunkirk evacuation (Operation Dynamo). 338,226 British, French and Belgian soldiers were rescued in total.